Swiss Re ratings affirmed; $255mn further write-downs
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Swiss Re ratings affirmed; $255mn further write-downs

29 September 2008
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Swiss Re has revealed lower-than-feared write-downs from its exposures to structured credit default swaps (CDS) as it posted mark-to-market losses of SFr245mn in July-August in its CDS portfolio and estimated further write-downs in September (up to the 19th) of...

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News September 2008/5
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